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Yes much like steve jobs he is a visionary. But so far the cars from tesla are super expensive high end types not for common man. Cost and practicality wise its an uphill battle. IIRC, tesla is trading at crazy pe 190

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(13-03-2015, 11:16 AM)BlueKelah Wrote: [ -> ]Yes much like steve jobs he is a visionary. But so far the cars from tesla are super expensive high end types not for common man. Cost and practicality wise its an uphill battle. IIRC, tesla is trading at crazy pe 190

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Agree that PE is currently extremely high. Everyone is betting on his battery storage facility for renewable energy to take off, which if it does, will change everything. Utility companies will be hit the hardest, followed by coal suppliers who supply conventional fuel to backup power from the grid.

True that the car is not for common man but interestingly, there are so many people driving the Testa S in Hong Kong where I am currently based. I think I see more Testa S cars than I see Ferarris and Porsches.
Its just novelty factor, many were.driving prius to before. If hybrids not taking off as much as expected, then unlikely pure elec. Car will succeed. At least toyota, honda have their normal car model to support.

In the event sales stagnant, shares will take a massive plunge. No idea on what the debt and leverage is in the company,if high theycould bankrupt or sold to apple later on.

I dun see any Tesla cars in formula one hehehe.
The fact is that there have been a numbers of reported fire incidents involving Tesla in US. I do agree that the company is riding on the right trend, but it won't last long if wrong strategies are being adopted.
Speaking of which, I was at PML looking at the BMW i8 (and ermm.... the i3 as well).

The salesman made a very interesting point. He said that driving such cars required a total change of mindset, like the driver cannot anyhow switch on air con and leave car on idle cos it will deplete the battery and shorten the battery range. And, for singapore, its lagi more jialat cos its necessary to have a landed house or home somewhere with access to a socket. That means, some kids can purposely come to unplug and disturb. -_-

My last question to him was, what if I bring the i8 to malaysia? He was like..... I looked at him with that thought floating in my mind "nevermind-my-japanese-car-does-the-m'sia-runs-better".

My japanese car will surely overtake the i8 before KL. lol.... cos the i8 probably will run out of battery before reaching its destination in kl, especially with the horrible traffic jams. Still, electric cars are an amazing concept today.

The whole point is, you guys are right. Its a company of the future. For it to take off in singapore, that infrastructure has to be present. If not, buying an i8 or i3 is quite challenging. Imagine after dinner and the car battery is flat. Its not even possible to run to a petrol station to purchase a bottle of gasoline. It will be many years before this thing about electric cars take off and things in singapore are taking place a bit slowly.

PS: OT, the i8 is an amazing animal though..... unfortunately didn't have the chance to test drive. Sigh.... don't look rich enough and no ammo for such expensive purchases. The Mclaren P1 suffers the same fate (for the moment). Till then.... I shall be happy with my little japanese car. Or rather, keep the japanese car and put the rest of market in equities.
fuel cell sir, Big Grin slot in new fuel cell and drive off for next 300km! Big Grin
(13-03-2015, 06:10 PM)brattzz Wrote: [ -> ]fuel cell sir, Big Grin slot in new fuel cell and drive off for next 300km! Big Grin

Hmmm.... Till that day comes. No doubt that will overcome the current issues with drivng cross border. Angel
Tesla New Battery Doesn't Work So Well With Solar

Incidentally, my greenie American friends say that a lead-acid alternative with similar capacity costs less than 20% of the Tesla Battery...
EV oso got problems? Perhaps bus 11 is simply the best...

Tesla slides as Consumer Reports ends Model S recommendation
DateOctober 21, 2015 - 8:48AM
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Review: Tesla S Dual Motor flashes past Ferrari
Drive reviews the new Tesla S that packs two motors, but can it really go from 0 to 100kph in 3.3 seconds?

Tesla Motors fell the most in eight weeks after Consumer Reports said the Model S luxury electric car fell from its recommended list because of below-average reliability.
The stock slid 6.9 per cent to $US212.30 at 3.39pm New York time after declining as much as 11 per cent for the steepest intraday drop since August 24.
Owners of the sedan, introduced in 2012, reported "an array of detailed and complicated maladies," Consumer Reports said in a statement. Adding features like a sun roof led to reliability issues, and Model S owners also complained about having to replace the electric motor, said Jake Fisher, director of automotive testing. The magazine recommends only models with above-average reliability.

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The stock slid 6.9 per cent to $US212.30 at 3.39pm New York time after declining as much as 11 per cent for the steepest intraday drop since August 24. Photo: Mark Jesser

"This year, with a below-average rating, we are no longer recommending the Model S," he said. "In terms of owner satisfaction, customers would buy it again - they love it."
The magazine in August lauded the car's combination of performance, luxury and efficiency when its tests resulted in a score of 103 on Consumer Reports's 100-point scale.
The publication didn't rank Tesla among 28 other brands because that required enough responses for at least two models. The Palo Alto, California-based company began deliveries of its Model X sport utility vehicle last month, too late for the April survey. Consumer Reports said it received about 1,400 survey responses from Model S owners.
Consumer Reports said that even with the concerns, Tesla owner satisfaction remains very high, with 97 per cent of owners saying they would definitely buy their car again.
"Consumer Reports also found that customers rate Tesla service and loyalty as the best in the world," the company said in an emailed statement. "Close communication with our customers enables Tesla to receive input, proactively address issues and quickly fix problems. Over-the-air software updates allow Tesla to diagnose and fix most bugs without the need to come in for service. In instances when hardware needs to be fixed, we strive to make it painless."
Tesla shows signs of 'a company in trouble', former GM exec says
DateNovember 3, 2015 - 9:22AM
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Jared Lynch
Business reporter

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A man looks around Tesla Motors' Model S P85 in the Tesla showroom in Beijing. Photo: Reuters

Tesla is facing a "trifecta of doom", former General Motors vice chairman Bob Lutz says. The respected auto executive said the US electric car maker was "showing all the signs of a company in trouble: bleeding cash, securitised assets and mounting inventory".
"It's the trifecta of doom for any automaker, and anyone paying attention probably saw this coming a mile away," Mr Lutz wrote in auto enthusiastic magazine Road and Track.
"If I were sitting in [Tesla chief executive] Elon Musk's seat, I would take an urgent look at cutting cost."

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Elon Musk, co-founder and chief executive officer of Tesla Motors Inc. Photo: Yuriko Nakao

Tesla's shares shed $US32.95 ($46.13), or 13.7 per cent in October – the same month that Consumer Reports removed the company's Model S from its recommended list, citing reliability concerns from customers.
This sparked concerns from some investors about how successful the introduction of its Model X crossover vehicle will be in the second half of 2016.
Mr Musk responded on Twitter saying the Consumer Reports survey, on which it based its recommendation, included "a lot of early production cars" and problems had been "already addressed in new cars".
Indeed, 97 percent of Tesla owners said they would buy another Model S, according to magazine, praising quick responsiveness on repairs from the Palo Alto-based company "with a minimum of fuss to owners".
Heath Walker, Tesla Australian marketing and communications manager, says the company is on track for growth.
The company has been spending big –its cash slipped from $1.91 billion to $1.51 billion in the first three months of this year – on its "gigafactory" in Nevada and development and tooling for the Model X.
The gigafactory is a key part of the company's growth plans. There it will produce the lithium ion batteries needed to meet its goal of producing 500,000 cars by 2020.
"The Tesla gigafactory was born of necessity and will supply enough batteries to support our projected vehicle demand," the company said on its website.
The new factory in Nevada will also produce its much talked about "Powerwall" – a battery that can power a house which has been touted as an affordable option for solar power storage.
Australians will be among the first consumers in the world to buy a Powerwall, the first deliveries of which are expected later this year. Tesla has put Australia along with America and Germany on top of the list to roll out the home batteries.
Mr Walker said although Australia was a much smaller market than the US and Germany, about 15 per cent of its homes had roof top solar panels, not to mention the country's high number of sunlight hours.
He said the Powerwall could become a bigger contributor to Tesla's revenue than its auto business, but the two were linked because it's the same technology.
"You can see how quickly the release energy with the engine accelerating from 0-100 kilometres and hour in three seconds," he said.
Then Mr Walker said through the company's "supercharger network" – strategically placed charges which a like fuel stations but free – people could see how fast the batteries draw power, considering it took about 40 minutes to charge 80 per cent of a car battery.
About 10 supercharges have been slated for completion in Australia this year, with the company's goal of allowing a customer to travel between Melbourne and Brisbane without paying for electricity.
Despite a growing number of electric or hybrid electric offerings from car makers, including BMW and Audi, Mr Walker said Tesla was unfazed from the competition.
"We are more concerned about car makers that are not making electric vehicles. Our biggest competitor is the internal combustion engine.
"We want to accelerate the world's transition to sustainable transport. We want to accelerate the world's transition to sustainable energy.
"The key word in that is world. It's a huge undertaking and we can't do it on our own."
Tesla will show its technology to Australian companies at the Future Assembly conference in Melbourne next week. 
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